Partner with pivot finance
Helping Employers Support Their Employees’ Financial Wellness.
Partnership Overview
- Pivot Finance partners with private companies to provide their employees with access to convenient & affordable credit.
- We handle the loan applications, approval, and disbursement process, making it easy and hassle free for your employees.
- The partner company will handle the checkoff deductions and remittances to Pivot Finance.
How it Works
Proposal Presentation
We will show you how the partnership will work.
Negotiation
We will agree on the terms of the Partnership.
Sign Partnership Agreement
We will sign the Partnership Agreement outlining the terms of the Partnership.
Staff Training
We will present to your employees how our product works.
Loan Application
Your staff can now start applying for loans.
Checkoff Partnership Benefits
Benefits For Employer
Reduced salary advance requests
Reduced strain on your cashflow
Better motivated workforce
Benefits For Employees
Minimal Documents Required
No Debt Shaming
No CRB Check
No Guarantors Required
No Physical Security Required
After Onboarding - Obligations of the Partner Company
- Assist in communicating the partnership to your employees
- Schedule a staff training session on the loan product to be done by Pivot Finance
- Establish a checkoff system to deduct and remit loan repayments from employee salaries
- Review and confirm loan applications from your staff
- Deduct loan deductions from the salary as per the deduction schedule and remit them to Pivot Finance on or before the agreed date.
- Promptly notify Pivot Finance via official email when an employee leaves the company for whatever reason
- Remit final dues of employees who have left employment to clear their loan obligations.
Why Choose Pivot Finance
- Tailored Partnership: Pivot Finance customizes terms to fit your company’s unique needs, aligning with your payroll dates, salary schedules, and remittance timelines for seamless integration.
- Transparency: All our terms are clear and easy to understand.
- No debt shaming: we do not harass our borrowers, we work with them to establish convenient repayment plans in case they leave employment.
- Data Protection: we do not share or sell employee information with 3rd parties.
- Capacity: we have the manpower and liquidity to handle and finance every loan request, even for employers with large numbers of employees.
- Build credit score: by repaying loans on time, Pivot Finance can share positive credit data with credit bureaus to boost your employees’ credit scores.
- Financial Literacy Education: Pivot Finance offers training programs to boost financial literacy of employees.
- Employee Exits: Zero obligation/liability when an employee leaves employment for whatever reason.